The newly released 2006-2007 Internal Revenue Service Priority Guidance Plan, designed as the agency's own blueprint for its guidance projects during the coming year, ranges in scope from consolidated returns to tax-exempt bonds.The Guidance Plan contains 10 more projects than last year's plan, and includes projected rulings on corporations and shareholders, employee benefits, executive compensation, excise taxes, exempt organizations, estate and gift taxes, partnerships, S corporations, and international issues.

Word of a potential tax bill registering in the tens of millions for Tyco International Ltd. came to light this week in the government's trial against a former Tyco executive.

It isn't the acts of a single executive, or the misses of a particular audit team, that most concern Public Company Accounting Oversight Board member Charles Niemeier when he reflects back on the corporate scandals that resulted in the passage of the Sarbanes-Oxley Act.

Using one of dozens of scenarios, undercover government auditors were mostly satisfied with the levels of assistance they received at several of the Internal Revenue Service's Taxpayer Assistance Centers.

Elaborating on his company's plans to enter the banking business, H&R Block chief executive Mark Ernst said that both the rates and fees the company charges customers for its refund-anticipations loans will be dramatically reduced by the time the 2007 tax season arrives.

In what the federal government is calling the largest personal income tax evasion case ever, a telecommunications entrepreneur pleaded guilty to two counts of federal tax evasion and one count of defrauding the District of Columbia.

For the first time in its history, the U.S. Tax Court will allow a taxpayer to proceed with their petition anonymously.